MyCelium is a wallet and coinbase is primarily an exchange. Coinbase can and will collect personal data about you, have certain level of control over your coins as well.
Coinbase also does not offer any sort of discounts for on chain transactions as well. MyCelium, though being less polished, still offers far more security as well as privacy.
There are two different apps - Coinbase (exchange) and Coinbase Wallet. The last one is Coinbase Wallet is a non-custodial product. So it doesn't keep any users data.
Post
Topic
BoardBitcoin Discussion
Re: The acceptance of cryptocurrency worldwide
by
charlesmichel1
on 12/04/2021, 05:37:07 UTC
The mass cryptocurrency adoption is a sophisticated process. It must take a lot of time and efforts. And don't forget that some governments are against cryptocurrency usage. I really believe in Bitcoin's huge potential, but I'm not sure it will be something like the US dollar one day.
Post
Topic
BoardBitcoin Discussion
Re: Why do ordinary people feel afraid of Bitcoin?
by
charlesmichel1
on 09/04/2021, 07:11:37 UTC
Maybe ordinary people were afraid of Bitcoin some years ago, but now there are more and more people are interested in Bitcoin.
Are any of these dogmas valid in developed countries nowadays? Is it better to interpret it as working for yourself rather than making effort to advance other people´s agenda?
Maybe you are right, but I can't 100% agree. Some people are gifted liders, while the others are good doers. Working for oneself won't be suitable for all of us.
Post
Topic
BoardBitcoin Discussion
Re: How do you use bitcoin?
by
charlesmichel1
on 07/04/2021, 08:56:39 UTC
I don't earn/mine Bitcoin, I buy it only. By now, I pefer to hodl it because I don't want to spend any before Bitcoin hits $100K.
Post
Topic
BoardWallet software
Re: 5 Best Bitcoin Wallets for Android
by
charlesmichel1
on 05/04/2021, 06:29:35 UTC
I don't like different compilations of the best wallets. Sometimes most popular and overrated wallets get status of "the best app", while new wallets are called nonames. I use Ownr and Samourai, not sure they are the best.
Post
Topic
BoardAltcoin Discussion
Re: Will stablecoins replace Fiat currencies in the future?
by
charlesmichel1
on 05/04/2021, 06:20:28 UTC
The government won't replace fiat by any other form of money. The only thing they are going to replace by launching CBDCs is cash.
Post
Topic
BoardEconomics
Re: Differences between an investor and common man!
by
charlesmichel1
on 05/04/2021, 06:12:21 UTC
An investor's mindset: "money must make more money" A common man's mindset: "money exist to be spent on different things"
Post
Topic
BoardBitcoin Discussion
Re: If You Buy btc Today and cash out one year
by
charlesmichel1
on 05/04/2021, 06:03:41 UTC
The key factor of being successfull as a Bitcoin investor is patience. Just hodl as long as you can afford and you will be many times richer that day traders.